FTX US
 |
|---|
| FTX | |
| |
| Founded | 2020 |
|---|---|
| Headquarters | San Francisco, California |
| Key People | Sam Bankman-Fried, Founder and CEO; Gary Want, CTO and Founder; Dan Friedberg, CCO |
| Products | Cryptocurrency trading platform |
| @FTX_US | |
| Website | FTX.US Exchange Home |
FTX.US, a cryptocurrency trading platform, is a subsidiary of FTX, a Hong Kong cryptocurrency derivatives platform registered in Antigua.
The company established West Realm Shires to do business as FTX.US. West Realm shires is a money services business registrant with FinCEN.[1]
Trading launched on the platform on May 22, 2020. FTX and FTX.US CEO Sam Bankman Fried told The Block Crypto, “I think U.S. crypto customers have been under-served for a while, and I'm excited to try to push the industry forward.”[2]
FTX.US offers trading pairs based on bitcoin, Litecoin, Ether, Bitcoin Cash, Paxos Gold and U.S. dollar Tether. According to the FTX.US website, the platform offers 10% margins on its spot trades. Despite having separate order books from its parent, FTX.US claims, "We have a history of providing market-leading liquidity--from some of the industry's top market makers to the most liquid futures order books. Because of this FTX.US has had industry-leading order-books from day one."[3]
In discussing its recent Series B fund raise that brought in $900 million, on July 22, 2021 FTX's American CEO, Bankman-Fried, told CoinDesk TV's audience, "When you look at FTX.US, there's an enormous amount of potential growth in the states."[4]
In August 2021 FTX.US agreed to acquire LedgerX for an undisclosed sum. The move should enable FTX.US to expand its product offerings to futures and options trading in the U.S. [5]
People[edit]
- Brett Harrison, President
References[edit]
- ↑ MSB Registrant Search. FinCEN.
- ↑ FTX.US goes live, CEO says the crypto exchange has 'tons of liquidity' to offer. The Block Crypto.
- ↑ About FTX.US. FTX.US.
- ↑ FTX CEO Says US Is Next Big Target Market. CoinDesk.
- ↑ FTX Acquires the First U.S.-Approved Crypto Derivatives Platform. Bloomberg.